Shawbrook extends with Momenta Finance
Momenta Finance has extended and upsized its facility with Shawbrook Bank, increasing the funding line to £50m and securing a three-year extension to support the company’s UK property lending ambitions. The enhanced partnership will drive further origination across a comprehensive suite of property-backed finance solutions. Loans funded by the Shawbrook facility can address property purchase, refurbishment, construction, and bridging requirements for both commercial and residential assets.
This expansion follows a year of strong growth, reinforcing Momenta Finance’s commitment to serving property developers, investors, and business owners nationwide with transparent, tailored, and competitive lending solutions. With the facility now running through 2028, Shawbrook’s continued support underscores its confidence in Momenta Finance’s specialist team and robust risk management.
Commenting on the extension, Liam McGall and Warren Mutch from Shawbrook said: “We are pleased to extend our funding line for Momenta Finance by a further three years and increase its capacity to £50m. This transaction reflects our confidence in Momenta Finance’s track record, management team and their presence in the market. The enhanced facility supports continued growth plans and expands upon our successful partnership to date”
Tim Boag, CEO of Momenta Finance, commented: “We are delighted to have extended and upsized our facility with Shawbrook, one of our long-standing funding partners. This facility enables us to pursue our growth ambitions with confidence and certainty, in the knowledge that we will continue to deliver for our intermediaries and customers alike.”